Taseko Mines (TSE:TKO) Stock Rating Upgraded by National Bankshares

National Bankshares upgraded shares of Taseko Mines (TSE:TKO) from a sector perform rating to an outperform rating in a research note published on Tuesday,BayStreet.CA reports. National Bankshares currently has C$4.25 target price on the stock, down from their previous target price of C$4.50.

Taseko Mines Stock Performance

TSE:TKO opened at C$2.99 on Tuesday. Taseko Mines has a 12-month low of C$1.56 and a 12-month high of C$4.20. The stock has a market cap of C$877.12 million, a price-to-earnings ratio of 17.59 and a beta of 1.92. The company has a 50-day moving average price of C$3.13.

Insider Buying and Selling

In other Taseko Mines news, Director Russell Edward Hallbauer purchased 100,000 shares of the stock in a transaction on Thursday, November 14th. The stock was bought at an average price of C$2.83 per share, for a total transaction of C$283,000.00. 2.58% of the stock is owned by company insiders.

Taseko Mines Company Profile

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company’s principal asset comprises 100% interest owned the Gibraltar mine located in British Columbia. It also holds interest in the Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona.